Projects
Energy

Birsinghpur Mini Hydroelectric Plant

Madhya Pradesh, India

Birsinghpur Mini Hydroelectric Plant, situated in the central state of Madhya Pradesh about 180 kilometers northeast of the city of Jabalpur, consists of two 1.1 MW units that utilize the cooling water discharged from the Sanjay Gandhi Thermal Power Station. The project was conceptualized by the Madhya Pradesh Electricity Board (MPEB) as a result of an incentive policy that was adopted by the state of Madhya Pradesh to encourage the development of power projects from non-conventional sources of energy.

The plant was awarded to the firm and began to generate electricity in July 2006 Power produced from the project is being sold to two industrial consumers, IPCA Laboratories Limited and Nicholas Piramal India Limited, through five-year Power Purchase Agreements which can be extended upon mutual consent between the parties involved.

Debt financing for the execution of the project was provided by the Indian Renewable Energy Development Agency (IREDA), a Government of India enterprise dedicated to the promotion of renewable sources of energy. Equity financing for the project was provided by the firm along with the Policemen and Firemen Retirement System of the City of Detroit, Michigan. The project is the first of its kind in the state as it utilizes flowing water that falls over a man-made structure to generate power and provides electricity at competitive prices within the remote regions of the state.